Professional
Added to YB: 2025-09-12
Pitch date: 2025-09-10
DEFT [neutral]
DeFi Technologies Inc.
-50.23%
current return
Author Info
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Company Info
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada.
Market Cap
CAD 476.1M
Pitch Price
CAD 2.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.96
P/E
20.00
EV/Sales
4.32
Sector
Capital Markets
Category
N/A
Pernas Research Passes On: DeFi Technologies Inc.
DEFT pass: Crypto ETP provider ($713M mcap, $2.10) wrapping crypto assets into regulated products in Europe. Mgmt admits 'cannot compete with BlackRocks' raising competitive concerns. 80%+ revenue from risky staking model. Growth focused on emerging markets. Regulatory sensitivity high.
Read full article (1 min)